NIESR: GDP grows to 0.6% in November
NIESR's monthly estimates of GDP suggest that output grew by 0.6% in the three months ending in October after growth of 0.5% in the three months ending in September.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
The institute said this implies that "reasonable economic growth" has continued into the fourth quarter of 2015.
NIESR’s latest quarterly forecast projects GDP growth of 2.4% per annum in 2015 and 2.3% in 2016.
Last week, ONS estimated that GDP increased by 0.5% in Quarter 3 2015 compared with growth of 0.7% in Q2.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Lloyds
Lloyds Banking Group launches £5,000 deposit mortgage
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
FCA
FCA bans and fines director £755,000 for advice and insurance failures
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
Nationwide
Nationwide cuts mortgage rates by up to 0.36%
